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Nov 13, 2012
11/12
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what is important in the election, it is not just who was elected but the values and ideas the american public votes for. they rejected medicare as a voucher they had choices of more and more tax cuts to the wealthy. they rejected it. >>neil: did they reject compromise? >>guest: absolutely no. >>neil: what do union heads offer the president that you would be open do? >>guest: i focused in on the tax fairness. clearly we believe the tax cuts for the wealthiest 2 percent of nation have end. we talked about --. >>neil: why did you find that being fair? >>guest: congress set up $1.2 trillion problem to solve and you don't take off $829 billion before you start. it is impossible. >>neil: so it is only fair to go after the 2 percent who pay more than 40 percent of the taxes and address the 47 percent who pay no income taxes. some are legitimate, but, that's fair? you are the education guy, right? >>guest: what does make sense is everyone paying their fair share. >>neil: i just told you about the 47 percent who are not paying at all. >>guest: when you look at their income that is why they don'
what is important in the election, it is not just who was elected but the values and ideas the american public votes for. they rejected medicare as a voucher they had choices of more and more tax cuts to the wealthy. they rejected it. >>neil: did they reject compromise? >>guest: absolutely no. >>neil: what do union heads offer the president that you would be open do? >>guest: i focused in on the tax fairness. clearly we believe the tax cuts for the wealthiest 2 percent...
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Nov 8, 2012
11/12
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why did the election results send the market in a frenzy? or was it the election results? peter barnes is here. peter, i know 300 -- you say it will bounce right back up, right? >> uhhh,, in the long run maybe. >> greta: why? >> concerns over the fiscal cliff and whether that will be resolved in a timely manner. whether or not we will go off the cliff and send the economy into a recession. those are the warnings from the economists. and in europe, the recession is worst than had been thought. and our biggest market for our goods and services for american companies is europe. that means lower profits for american cutches and lower stock prices. >> greta: how did the banks do today? >> they got killed today. >> greta: why? >> because of the president's re-election meant that -- that the dodd-frank financial reforms, which are considered bad for banking, will stay in place. the president's not going to allow those to be repealed. governor romney ran on repealing dodd-frank as well as obamacare. and so we saw some health insurance stocks whacked today. obamacare not good for h
why did the election results send the market in a frenzy? or was it the election results? peter barnes is here. peter, i know 300 -- you say it will bounce right back up, right? >> uhhh,, in the long run maybe. >> greta: why? >> concerns over the fiscal cliff and whether that will be resolved in a timely manner. whether or not we will go off the cliff and send the economy into a recession. those are the warnings from the economists. and in europe, the recession is worst than...
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Nov 15, 2012
11/12
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i know they won an election. they didn't win a landslide. and it is as if in exit surveys folks were saying, yes, yes, keep up the spending. we want to see more of it. >> that's right. and i think that's why we are in such a scary place right now, neil. we talked adnauseam about the deficit reduction which is the spending which has to be addressed. you have to get confidence back. you have to get businesses back to doing what they do best which is spending their own money and thought taking it away. if we grow out of this problem, that will put some of the tax hikes in perspective with regards to not hurting the economy as much. it is when we are slowing that this really hurts. >> well, i think wall street isn't buying this infomercial. judging from had today's losses and 700 points worth since the election either they want that money back guarantee or they don't want the money, period. >> i think that's it. i think they don't want the money, period. i think they want simplicity. i think they want cuts on the tax rates. but maybe an eliminat
i know they won an election. they didn't win a landslide. and it is as if in exit surveys folks were saying, yes, yes, keep up the spending. we want to see more of it. >> that's right. and i think that's why we are in such a scary place right now, neil. we talked adnauseam about the deficit reduction which is the spending which has to be addressed. you have to get confidence back. you have to get businesses back to doing what they do best which is spending their own money and thought...
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Nov 9, 2012
11/12
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that wasn't the decision of the election. harry reid is out this talking about 19 trillion or $20 trillion in debt. we get beyond january 1, we signed off on $2.5 trillion more in debt. we signed off on trashing businesses. tracking the so-called rich. anyone who earned $250,000 and more will have a hugely negative effect on our economy. what have we achieved? >>neil: if part of the revenue issue isn't raising the rates, but is closing loopholes, and credits and special allowances. >>guest: like mortgage interest deduction? >>neil: hear me out. is it leaving mortgage and charitable deductions aside, you are right, the devil is in the details but it is the stuff that prevents those who pay no taxes now or skirt paying any taxes at all, is that a good point for republicans to say we are for tax purity, as well, and this would go a long way toward proving they are for simplifying and making this fairer tax code and that in a negotiating world could be a good tactic? >>guest: it might be but you do not get it with this president
that wasn't the decision of the election. harry reid is out this talking about 19 trillion or $20 trillion in debt. we get beyond january 1, we signed off on $2.5 trillion more in debt. we signed off on trashing businesses. tracking the so-called rich. anyone who earned $250,000 and more will have a hugely negative effect on our economy. what have we achieved? >>neil: if part of the revenue issue isn't raising the rates, but is closing loopholes, and credits and special allowances....
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Nov 9, 2012
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it it would be sill tow say that a nation that elects barack obama, especially one that re-elects him is a nation that remains in important respect, center right. the question is, what do do you about that? i guess one option is despair for some. people are lost, the country's lost. it's all hopeless and we may as well pick up our marbles and go home. that's one option. i think we ought to reject that. the second is anger. yell at the american people for not being as conservative as woe wish and we were right and they ought to be more conservative. that might make you feel good. you may feel morally superior to the masses and tell make conserveatism, a minority movement for a lock, long time. i think we as conservatives, we should reject that option as well. there is a third option, we can jettison our principles and become liberal-lite, embrace bigger government, higher taxes, abortion on demand, that would be a disaster politically and it would be intellectually and morally, a surrender. that's a third option. conserve tirvetion i believe, should reject that. there is a fourth optio
it it would be sill tow say that a nation that elects barack obama, especially one that re-elects him is a nation that remains in important respect, center right. the question is, what do do you about that? i guess one option is despair for some. people are lost, the country's lost. it's all hopeless and we may as well pick up our marbles and go home. that's one option. i think we ought to reject that. the second is anger. yell at the american people for not being as conservative as woe wish...
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Nov 9, 2012
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certainly after the election. what do you make of that exchange between the state department and the press? >> >> consistent. dodge, delay, distort. they deny any responsibility. this is pretty consistent with an administration in the beginning said be the most clear and transparent in history and they have been anything but. the message we see today as talks to the group al shabaab. their awe is gone. they don't dare carry out another campaign like the ones they had in iraq and afghanistan. their embassies are burned. their ambassador are dead. they don't have the resolve to do what needs to be done. when that message is out there, my goodness, laura, what could be more blatant, more embolden than these folks right now. and why not? i mean, we sent inconsistent messages. africa has been on fire for quite some time. we keep hearing no, no, no, we got it under control. no they don't. i look at those four americans if we were going to honor ambassador stevens and mr. woods and mr. smith and mr. door at this, wouldn'
certainly after the election. what do you make of that exchange between the state department and the press? >> >> consistent. dodge, delay, distort. they deny any responsibility. this is pretty consistent with an administration in the beginning said be the most clear and transparent in history and they have been anything but. the message we see today as talks to the group al shabaab. their awe is gone. they don't dare carry out another campaign like the ones they had in iraq and...
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Nov 8, 2012
11/12
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they re-elected president obama and they again re-elected a public majority in the house of representatives. there's a mandate for us to find a way to work together on the solutions to the challenges that we all face as a nation. >> the democratic leader of the senate harry reid also expressed a desire to xroe mis-- compromi. now americans know they can't defeat obama now they need to put attention on meeting somewhere in the middle on important issues. >> this is a message american people sent from all over. that is they are tired of these partisan grid locks. they are tired of things like well i have one goal to meet be obama. that's gone. obama was re-elected overwhe overwhelmi overwhelmingly. american people want us to work together. >> we will find out soon if there will be compromise like both of the leaders that they both said because we are less than two months away from the fiscal cliff. long-term unemployment benefits $55 billion in cuts to the defense programs and another 55 million in cuts for domestic programs. >> thank you so much, peter. >> now americans have to focus on the
they re-elected president obama and they again re-elected a public majority in the house of representatives. there's a mandate for us to find a way to work together on the solutions to the challenges that we all face as a nation. >> the democratic leader of the senate harry reid also expressed a desire to xroe mis-- compromi. now americans know they can't defeat obama now they need to put attention on meeting somewhere in the middle on important issues. >> this is a message american...
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Nov 8, 2012
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the election is obviously over. the president really has no time for a breather because now he has to figure out a way to work with the congress to tackle some very serious issues. we'll look into those as we go live to the white house. and for weeks, somebody has been shooting cars. as they drive near an interstate highway. now there is word of a big break in a very big case. there is a suspect in custody. that's ahead from the journalists of fox news on this wednesday fox report. [ male announcer ] what can you experience in a seat? inspiration. great power. iconic design. exhilarating performance. [ race announcer ] audi once again has created le mans history! [ male announcer ] and once in a great while... all of the above. take your seat in the incomparable audi a8. take advantage of exceptional values on the audi a8 during the season of audi event. ♪ remember when christmas was magical? let's get back there. celebrate the arrival of santa at bass pro shops this saturday and the unveiling of santa's wonderlan
the election is obviously over. the president really has no time for a breather because now he has to figure out a way to work with the congress to tackle some very serious issues. we'll look into those as we go live to the white house. and for weeks, somebody has been shooting cars. as they drive near an interstate highway. now there is word of a big break in a very big case. there is a suspect in custody. that's ahead from the journalists of fox news on this wednesday fox report. [ male...
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Nov 8, 2012
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this is the first election in four previous elections where the share of the voting age population will decline, not increase. megyn: there has been soil searching in the republican party to diagnose the loss and try to prevent them. there are some saying the republican party, the conservatives need to shift to the middle. they have to get that 2 million or 3 million folks that didn't vote for them and the way of doing that is to shift on the middle on their principles. what say you? >> i don't agree with that. i think the republicans lost in this election because of two things. the obama campaign was very effective in keeping roughly 92% of the people who voted for president obama to vote for him again. but they didn't do a good job of growing the electorate. their margin is down million. and they cut their winning percentage over romney by 2/3 over what it was over john mccain. both parties have challenges. the only gripe they got more votes this time around than four years ago were among latinos. 700,000 more latinos voted the democratic than the year before. the president succeed by
this is the first election in four previous elections where the share of the voting age population will decline, not increase. megyn: there has been soil searching in the republican party to diagnose the loss and try to prevent them. there are some saying the republican party, the conservatives need to shift to the middle. they have to get that 2 million or 3 million folks that didn't vote for them and the way of doing that is to shift on the middle on their principles. what say you? >> i...
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Nov 14, 2012
11/12
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again, you know, he has an election. and he sounds like he is going to try to push what he sees as the advantage with the republicans. >> he is not going to get $1.6 trillion. that is opening bid. but you are right, he holds the cards now, all the cards. because the fiscal cliff, the way it changes policy, in a liberal direction. raises tax rate and cuts defense. in a way he wins if we go over the cliff. trump card is a low standing of the republican congress in political opinion. there is a new poll out. you guys showed it earlier. "washington post" pew poll. if we go over the fiscal cliff we will blame republicans. really, obama, the ball is in the republican's court. they may not like that. i think that is the truth. obama is in the driver's seat. >> chris: charles krauthammer i would love for you to react to that. he wants a big deal and comprehensive deal. i thought quite open about the idea he was willing to put entitlement and reform on the table. >> we said in the past he never proposed anything. perhaps he will
again, you know, he has an election. and he sounds like he is going to try to push what he sees as the advantage with the republicans. >> he is not going to get $1.6 trillion. that is opening bid. but you are right, he holds the cards now, all the cards. because the fiscal cliff, the way it changes policy, in a liberal direction. raises tax rate and cuts defense. in a way he wins if we go over the cliff. trump card is a low standing of the republican congress in political opinion. there...
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Nov 8, 2012
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election. fears after fiscal cliff driving investors out the door only hours gave president obama another four years in the white house. that is where we start today. good morn i'm bill hemmer. martha: good morning, bill hemmer. i'm martha maccallum. a big piece of unfinished business, helping to push the dow below the 13,000 mark. a ugly day yesterday. washington failing to deal with the monster tax hike issue coming down the pipeline. mapped door budget cuts kick in in 54 days. house speaker john boehner says it is time for the president to lead. here he is is talking about that. >> mr. president, this is your moment. we're ready to be lead, not as democrats or republicans but americans. we want you to lead, not as a liberal or conservative but as president of the united states of america. we want you to succeed. bill: stuart varney, anchor of "varney & company", fox business network. the issues on the table are the same issues as monday. we want you to succeed by the way. what did you hear o
election. fears after fiscal cliff driving investors out the door only hours gave president obama another four years in the white house. that is where we start today. good morn i'm bill hemmer. martha: good morning, bill hemmer. i'm martha maccallum. a big piece of unfinished business, helping to push the dow below the 13,000 mark. a ugly day yesterday. washington failing to deal with the monster tax hike issue coming down the pipeline. mapped door budget cuts kick in in 54 days. house speaker...
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Nov 9, 2012
11/12
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the election is over. go look at the cbo report. it shows if you go off the fiscal cliff the economy goes into recession. this is not a small matter. i think we have to address this. martha: the deadline is 6 to 7 weeks away. it makes you wonder why we didn't have an active debate about this during the course of this election process. bill: if there is no deal, check this out. the number of american taxpayers affected, 158 million. american household will face an average of $3,500 in additional taxes starting the first of the year. that means 88% of household will see their taxes go higher. martha: that's one of the many immediate battles facing this president as he heads into his second term. governor mike huckabee joins us on that in his first post-election reaction. also this morning we are learning new details on iran's attempt to shoot down an unmanned u.s. aircraft. last week two russian-designed iranian warplanes fired and missed the drone as it flew in international air space. the pentagon says thi
the election is over. go look at the cbo report. it shows if you go off the fiscal cliff the economy goes into recession. this is not a small matter. i think we have to address this. martha: the deadline is 6 to 7 weeks away. it makes you wonder why we didn't have an active debate about this during the course of this election process. bill: if there is no deal, check this out. the number of american taxpayers affected, 158 million. american household will face an average of $3,500 in additional...
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Nov 8, 2012
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the election continuing. still being counted are absentee ballots in the four counties around miami, jacksonville, fort lauderdale and west palm beach, very heavily populated counties by the way. despite station and national criticism and mockery of florida's election performance, officials say it is simply the numbers. >> this is simply a matter of sheer volume. we're dealing with a tremendous amount of paper. we will continue this process. it will be completed, but it will be done so with integrity and accuracy. every vote will be counted. >> reporter: tuesday night thousands of florida voters in several counties endured long, slow lines, wrapping around precincts and hours and hours of waiting. many voters reportedly gave up, walked away, didn't vote. others ended up not voting until well after midnight. >> after this, i think you will have another 2000, get the job done, get it fixed right now. florida does not need this kind of embarassment. >> reporter: also, and enormous part of the blame according to
the election continuing. still being counted are absentee ballots in the four counties around miami, jacksonville, fort lauderdale and west palm beach, very heavily populated counties by the way. despite station and national criticism and mockery of florida's election performance, officials say it is simply the numbers. >> this is simply a matter of sheer volume. we're dealing with a tremendous amount of paper. we will continue this process. it will be completed, but it will be done so...
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Nov 9, 2012
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election . anything is happening and waiting for an october surprise and this probably would have been it if we had known about it one of our predator drones was fired upon by a couple of iranian fighter planes. they squeezed off two volleys of machine depun fire. first time iran has shot at our aircraft . but it is clearly an act of war. they were asked about it yesterday. curious timing before the election and we are finding out about after? >> it is before the election, the white house give you any guidance as to whether give you information. >> i have said this two or 3or four or five timings . we don't comment on classified missions and i will not get in to discussions that occurred between this department and the white house. they were informed early on. >> using the cover of classified. and you know, if you will recall, this time shots fired. it was not shot down. last time wen the drone was shot down the american public didn't know until the iranian media released pictures of it. he has
election . anything is happening and waiting for an october surprise and this probably would have been it if we had known about it one of our predator drones was fired upon by a couple of iranian fighter planes. they squeezed off two volleys of machine depun fire. first time iran has shot at our aircraft . but it is clearly an act of war. they were asked about it yesterday. curious timing before the election and we are finding out about after? >> it is before the election, the white house...
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Nov 8, 2012
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>> steve: day before the election wall street went occupy and after bark obama was elected president it dove . why? the chances of going off the fiscal cliff are higher. barclay's bank couple of blocks from where we are sitting. the risk of fiscal cliff was 30 percent . now because it is status quo, and republicans have the house and the senate is owned by the democrats and the white house owned by the democrats as well the chance of a fiscal cliff had been 30 percent and now barclays feels over 50 percent. >> gretchen: health insurance stocks took a dive, why you ask? obama care is here to stay . health insurance companies will have to pay fees of 8 billion and climb up to top 14 billion and that makes sense why the stocks would fall. >> brian: this will cost you $3500 right away and that will affect the economy special 1.2 trillion in spending cuts along with tax raises . nine minutes after the hour, what is it going to be like for the next four years? is anybody going to work with each other. the president talked about working across the aisle. yesterday john boehner said he would
>> steve: day before the election wall street went occupy and after bark obama was elected president it dove . why? the chances of going off the fiscal cliff are higher. barclay's bank couple of blocks from where we are sitting. the risk of fiscal cliff was 30 percent . now because it is status quo, and republicans have the house and the senate is owned by the democrats and the white house owned by the democrats as well the chance of a fiscal cliff had been 30 percent and now barclays...